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Mike Lynch Cleared of Fraud Charges in US Trial Over Hewlett Packard Deal

UK tech tycoon Mike Lynch was found not guilty of criminal charges that he pulled off Silicon Valley’s biggest-ever fraud 13 years ago by duping Hewlett Packard Co. into buying his software startup for $11 billion.His victory is stunning after he lost a civil trial in the UK in 2022 over allegations that he and Autonomy’s former finance chief used accounting tricks to inflate the company’s revenue ahead of its 2011 sale....

Read more at bloomberg.com

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